Comment A failure for the industry, not the tech (Score 0) 80
The biggest threat to the crypto industry always has been being coopted by the main financial sector, and that's happening. Every major firm is working on blockchain projects that do real things on chain and working out regulatory compliance and interoperability like professionals.
All it takes is a few accessible, programmable chains being used at scale by the financial sector, and it's game over for 99% of crypto. There's no need to use some rando crypto to power a software use case when you can take 5 minutes to use AI to wire up a connector that lets you send and receive stable coins at near ACH transfer prices to any bank in the world.
That's the future coming for crypto, and why only idiots are bullish on Bitcoin or any other "digital asset."